Apple knocks $25 off of maximum iPhone trade-in value

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Now the most credit you can get for trading in your old iPhone to Apple is $225, which is down from $250, or $270 in Canada. The change is currently shown on Canadian retail store pages and U.S. sites, but expect the change to be happening elsewhere in the world too.

Of course the more time that pass, the closer the new iPhone will be release which means the value of your iPhone will depreciate. For me I never trade in my phone for a new one I like to keep it for whatever reason